LandisGyr Group Correlations
| LAND Stock | CHF 56.00 0.70 1.23% |
The correlation of LandisGyr Group is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.
LandisGyr Group Correlation With Market
Average diversification
The correlation between LandisGyr Group AG and DJI is 0.14 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding LandisGyr Group AG and DJI in the same portfolio, assuming nothing else is changed.
LandisGyr |
The ability to find closely correlated positions to LandisGyr Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace LandisGyr Group when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back LandisGyr Group - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling LandisGyr Group AG to buy it.
Moving together with LandisGyr Stock
| 0.93 | LEHN | Lem Holding SA | PairCorr |
| 0.96 | HUBN | Hubersuhner AG | PairCorr |
| 0.91 | GAV | Carlo Gavazzi Holding | PairCorr |
| 0.88 | SNBN | Schweizerische Nationalbank | PairCorr |
Moving against LandisGyr Stock
| 0.84 | CICN | Cicor Technologies | PairCorr |
| 0.79 | ELMN | Elma Electronic AG | PairCorr |
| 0.36 | LECN | Leclanche SA | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Correlation Matchups
Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between LandisGyr Stock performing well and LandisGyr Group Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze LandisGyr Group's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| BUCN | 0.87 | (0.14) | 0.00 | (0.52) | 0.00 | 1.42 | 6.51 | |||
| KOMN | 1.50 | (0.09) | 0.00 | (2.85) | 0.00 | 3.16 | 10.44 | |||
| COTN | 1.59 | (0.25) | 0.00 | (0.56) | 0.00 | 3.28 | 10.23 | |||
| BANB | 1.38 | (0.24) | 0.00 | (1.68) | 0.00 | 2.60 | 11.75 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in LandisGyr Group without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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LandisGyr Group Corporate Management
Elected by the shareholders, the LandisGyr Group's board of directors comprises two types of representatives: LandisGyr Group inside directors who are chosen from within the company, and outside directors, selected externally and held independent of LandisGyr. The board's role is to monitor LandisGyr Group's management team and ensure that shareholders' interests are well served. LandisGyr Group's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, LandisGyr Group's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Steve Jeston | Ex APAC | Profile | |
| Werner Lieberherr | Chief Officer | Profile | |
| Bodo Zeug | Ex EMEA | Profile | |
| Melissa Anraad | Head PR | Profile | |
| Elodie Cingari | Ex CFO | Profile | |
| Prasanna Venkatesan | Ex Strategy | Profile | |
| Christian Waelti | Head Relations | Profile |